The Trader 

Strong dollar policy

The Trader

Strong dollar policy

President Trump has a lot to say and Tweet about; the media and public at large have a lot to say and write about the president. While on Air Force One he sent this message: “highest stock market in history... The reason our stock market is so successful is because of me”. The Liberal-leaning media has retaliated and delighted in pointing out that Mr Trump has also presided over one of the steepest annual falls in the value of the US dollar. Against a basket of major currencies, it shed 11 per cent of its value from January 2017’s peak; they then fail to explain that the move started from the dollar’s strongest level since December 2002. Swings and roundabouts, with dollar weakness causing share price rallies?

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